Dec, 31, 2023 — HAXTUN COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in HAXTUN, CO with 1 branch location and about $6.67 million in total assets. Opened 86 years ago in 1938, HAXTUN COMMUNITY FEDERAL CREDIT UNION has about 706 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HAXTUN COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 229 S Colorado Ave HAXTUN, CO 80731-5018 |
| Phone: | (970) 774-7396 |
| Fax: | (970) 774-7668 |
| Website: | https://haxtuncu.com |
| Branches: | 1 branch locations |
| Members: | 706 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2794 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Apr 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,669,492 |
| CEO/Manager: | Kristin Hadeen |
| Chairperson: | Jared Andersen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 483,519 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,875,683 |
| Unsecured Loans | 204,974 |
| Other Loans | 2,778,994 |
| TOTAL LOANS | 5,859,652 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,674 |
| Land And Building | 6,525 |
| Other Fixed Assets | 148,793 |
| NCUSIF Deposit | 65,451 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,669,492 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7,225 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 17,476 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 498,588 |
| Regular shares | 3,755,724 |
| All Other Shares & Deposits | 1,948,835 |
| TOTAL SHARES & DEPOSITS | 6,203,149 |
| TOTAL LIABILITIES | 6,227,850 |
| Regular Reserve | 0 |
| Other Reserves | 187,508 |
| Undivided Earnings | 254,134 |
| TOTAL EQUITY | 441,642 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,669,492 |
| INCOME & EXPENSE | |
| Loan Income | 341,491 |
| Investment Income | 12,703 |
| Other Income | 39,016 |
| Total Employee Compensation & Benefits | 162,747 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 216,060 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,695 |
| Cost of Funds | 58,674 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -51,041 |
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